India's CE Info Systems up on order win

CE Info Systems

19/01/2024 07:32

** Shares of CE Info Systems  CEIF.NS  rise as much as 5.6%
to 2,078 rupees, biggest pct gain since Nov. 23
    ** Map data services provider said on Friday it got order
worth 4 bln rupees ($48.12 million) from Hyundai and Kia Cars
original equipment manufacturer business in India
    ** More than 222,000 shares change hands, 1.5x its 30-day
avg
    ** CEIF trading above its 200-day simple moving average
since July
    ** Stock gained ~87% in 2023, its best yearly gain since
listing in Dec. 2021



($1 = 83.1320 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))